Hertsmere

Hertsmere scores 969 on the UK Local Growth Index, placing it 222nd of 361 authorities and 31 points below the UK benchmark. Its Investment pillar is its relative strength, ranking 148th nationally, while ESG is the weakest, ranking 322nd of 361. The composite likely range of 958 to 980 is narrow enough to publish with confidence.

  • Top pillar: Investment
  • Biggest opportunity: ESG
  • 14,305 active companies

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Hertsmere's composite score of 969 is built from four pillars: Innovation, Scaling, Investment and ESG, weighted 30%, 30%, 30% and 10% respectively, covering 14,305 active companies with corporate groups counted once.

Each score is an average across those companies, so it reflects how active local companies are on each measure rather than the size of the local economy. That averaging is what makes it a fair comparison between authorities of very different scales.

The UK as a whole scores 1,000, so Hertsmere's 969 places it modestly below the national benchmark and 15 points below Hertfordshire's county score of 984. The likely range shown alongside each score indicates how much it could move with a slightly different mix of companies; a score is only published when that range is narrow enough to be meaningful.

East of England

Each dot shows the pillar score on a scale where the UK as a whole scores 1,000, marked by the line. The paler band is the likely range. The composite weights Innovation, Scaling and Investment 30% each and ESG 10%.

  • Innovation 30%982Average nationally
  • Scaling 30%977Below average nationally
  • Investment 30%952Average nationally
  • ESG 10%954Well below average nationally

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Pillar breakdown

How Hertsmere's composite score of 969 is built up, pillar by pillar.

Innovation

982

Average nationally

−18 points against the UK · Likely range 968–996 · 30% of the composite

Innovation measures patents, academic spinouts, R&D grant value, innovative sector tags and IS-8 sector tags. Hertsmere scores 982 on this pillar, 18 points below the UK benchmark, ranking 152nd of 361 authorities and outperforming 57.9% of all authorities. That places it in the upper half nationally, suggesting a reasonable base of companies with innovation characteristics relative to the UK as a whole.

The 5 measures behind this pillar

  • Patents25%See the data on Beauhurst

    Granted patent families filed in the last 20 years, held anywhere in the corporate group (capped, log scale).

  • Academic spinouts25%See the data on Beauhurst

    Whether the company is a university spinout.

  • R&D grant value25%See the data on Beauhurst

    Value of R&D grants received in the last five years: Innovate UK, EU programmes and other grants for R&D (capped, log scale).

  • Innovative sectors15%See the data on Beauhurst

    Tagged with any industry or buzzword on a curated list of innovative sectors, for example chips, biotechnology, quantum, AI, data, SaaS, FinTech and CleanTech. About 2.5% of companies.

  • IS-8 sectors10%See the data on Beauhurst

    Tagged with any of the eight IS-8 sectors: advanced manufacturing, clean energy, creative industries, digital and technologies, financial services, life sciences, professional and business services, and defence. About 18% of companies.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

Scaling

977

Below average nationally

−23 points against the UK · Likely range 959–995 · 30% of the composite

Scaling measures whether companies are scaleups, their headcount growth over recent years and whether they have attended an accelerator. At 977, Hertsmere sits 23 points below the UK benchmark, ranking 265th of 360 authorities and outperforming only 26.4% of them. This is the area where Hertsmere's companies are furthest from the national pace on staff growth and high-growth signals.

The 3 measures behind this pillar

  • Scaleups45%See the data on Beauhurst

    Whether the company is a 20% scaleup (Beauhurst high-growth signal).

  • Headcount growth45%See the data on Beauhurst

    Annualised three-year employee growth rate over the latest four years of accounts, including group accounts, for companies with five or more employees at the start (capped). All other companies count as zero.

  • Accelerator10%See the data on Beauhurst

    Whether the company has attended an accelerator.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

Investment

952

Average nationally

−48 points against the UK · Likely range 930–974 · 30% of the composite

Investment measures equity raisers, the value of equity raised and first-time raisers, all over the last five years. Hertsmere's score of 952 sits 48 points below the UK benchmark, yet ranks 148th of 360 authorities, outperforming 58.9% of all authorities. Relative to its other pillars, Investment is Hertsmere's strongest position in the national ranking.

The 3 measures behind this pillar

  • Equity raisers40%See the data on Beauhurst

    Whether the company raised equity in the last five years.

  • Equity raised40%See the data on Beauhurst

    Amount of equity raised in the last five years (capped, log scale).

  • First-time raisers20%See the data on Beauhurst

    Whether the company's first equity deal ever was in the last five years. A first-time raiser always counts as an equity raiser too.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

ESG

954

Well below average nationally

−46 points against the UK · Likely range 940–968 · 10% of the composite

ESG measures clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Hertsmere scores 954 here, 46 points below the UK benchmark, and ranks 322nd of 361 authorities, outperforming only 10.8%. This is a clear area of relative weakness, with local companies showing fewer ESG signals than the large majority of UK authorities.

The 5 measures behind this pillar

  • Clean energy30%See the data on Beauhurst

    Active in clean or renewable energy, or clean technology.

  • Other green activity20%See the data on Beauhurst

    Active in green buildings and infrastructure, green transport, or sustainable farming and food.

  • Environmental accolades20%See the data on Beauhurst

    Has an environmental accolade, including completed Innovate UK clean growth grants.

  • Social and governance15%See the data on Beauhurst

    Has a gender pay equality signal from a report in the last five years, a director gender equality signal, or a social accolade.

  • Not-for-profit proxy15%See the data on Beauhurst

    Is limited by guarantee without share capital, a rough indicator of non-profit status.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

Compared to Hertfordshire

The chart below compares Hertsmere's composite score of 969 against its neighbouring authorities in Hertfordshire, where the county scores 984 and the top-ranked authority, Stevenage, reaches 1,030.

Dots share one axis across the site. The line marks the UK benchmark of 1,000; differences are in points.

Frequently asked questions

Common questions about Hertsmere's Local Growth Score and how it's calculated.

Read the methodology
What is Hertsmere's score on the UK Local Growth Index?

Hertsmere scores 969, placing it 222nd of 361 UK local authorities. That is 31 points below the UK benchmark of 1,000.

How does Hertsmere compare to the rest of Hertfordshire?

Hertsmere ranks 8th of 10 authorities in Hertfordshire, scoring 15 points below the county average of 984. Stevenage leads the county with a score of 1,030.

How does Hertsmere compare to the East of England region?

Hertsmere ranks 26th of 45 authorities in the East of England and scores 22 points below the regional average of 991.

Which pillar is Hertsmere strongest on?

Investment is Hertsmere's strongest pillar by national rank, placing 148th of 360 authorities and outperforming 58.9% of all authorities. It measures equity raised, equity raisers and first-time raisers over the last five years.

Where does Hertsmere rank on ESG?

Hertsmere ranks 322nd of 361 authorities on ESG, outperforming only 10.8% of all authorities. ESG covers clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status.

How many companies are counted in Hertsmere's score?

The score covers 14,305 active companies, with corporate groups counted once rather than as each of their registered entities.

Explore the data behind the index

Every score on this page is built from real, named company activity, patent filings, fundraisings, spinouts and scaleups. Book a call to see the data behind any authority's score, and how Beauhurst can support your work.

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